Bank of America says Broadcom could be the next trillion-dollar company—but rival Nvidia would still be 3 times larger [Fortune]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investor.bankofamerica.com
Company Research
Source: Fortune
And while https://fortune.com/company/nvidia/?utm_source=search&utm_medium=suggested_search&utm_campaign=search_link_clicks"Nvidia is, thus far, the undisputed winner of the chip wars, it soon could be facing a robust challenger. https://fortune.com/company/broadcom/?utm_source=search&utm_medium=suggested_search&utm_campaign=search_link_clicks"Broadcom, an American semiconductor manufacturer, announced a 10-to-1 stock split and better-than-expected earnings in its second-quarter earnings report on Wednesday. In the report, Broadcom also projected $51 billion in sales for the 2024 fiscal year, slightly higher than anticipated. Shares soared that day in after-hours trading and were going for about $1,740 around 3 p.m. ET on Friday—about 16% higher than their Wednesday opening price near $1,500. In a note to investors on Thursday, Bank of America boosted its target price for Broadcom shares to $2,000 and raised its 2025 fiscal year sales forecast to $59.9 billion, which would be a 16
Show less
Read more
Impact Snapshot
Event Time:
BAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAC alerts
High impacting Bank of America Corporation news events
Weekly update
A roundup of the hottest topics
BAC
News
- Stock market today: S&P 500 and Nasdaq head for new highs as Nvidia rally pushes on [Yahoo! Finance]Yahoo! Finance
- Pennybacker Hires Jamie Pacala as Managing Director, Real Estate Investments [Yahoo! Finance]Yahoo! Finance
- AI is consuming corporate tech spending budget, with most going to employee adoption [CNBC]CNBC
- What is a SWIFT code for a bank? [Yahoo! Finance]Yahoo! Finance
- Fifth Annual HBCU Week Awards Gala Presented by Bank of America Celebrates Mission to Increase Pathways to HBCUs for Students Nationwide [Yahoo! Finance]Yahoo! Finance
BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 6/20/24 - Form FWP
- 6/20/24 - Form FWP
- 6/20/24 - Form 424B2
- BAC's page on the SEC website